An interest rate used in refinancing that is higher than the original loan but less than the current market rate.

To wither and decay. Applied both to diseased plants and to neighborhoods where normal real estate maintenance has stopped.

A term popular in urban renewal, referring to a run-down area.

An ad (usually in a newspaper or magazine) which does not identify the party placing the ad. Often used in an ad for a job, asking that a resume be sent to a post office box.

A corner where building or vegetation (trees, shrubs, etc.) extends to the property line and so obstructs the vision of motorists to right angle traffic.

Nailing so that the nails are sunk into the wall and covered with putty so the nail heads do not show.

(1) In a city, a square or rectangular area enclosed by streets. (2) In some states, a part of a subdivision legal description, such as Lot 1, Block 1, Tract 1. (3) A pulley in a frame. (4) An auctioneer’s platform.

An illegal method of obtaining houses at below fair market value by telling the inhabitants that people of a different race or religion, moving into the area, will cause property values to fall.

Actually, laws adopted in some New England colonies regarding religious and personal conduct. Later came to mean any laws regarding the conducting of business on Sunday. Do not confuse with Blue Sky Laws.

Laws to regulate the sale of securities to avoid investment in fraudulent companies or high risk investments without disclosure of the risks to the investor.

A plan of a building in such detail as to enable workmen to construct it from the print. The name comes from the photographic process which produces the plan in white on a blue background.

(1) A term which, in the lumber trade, refers to a piece of lumber less than 2 inches thick, and 8 or more inches wide. (2) A group of persons authorized by law to exercise management and control, either of a public function, such as a board of supervisors, board of health, etc., or a private corporation, as a board of directors.

A siding constructed of wide boards (usually one foot wide) placed 1/2 inch apart; the seams are covered by 3 inch wide battens.

The governing body of a municipal corporation. Equivalent to a city council.

State board charged with the duty to bring equitable uniformity to the various local property tax assessments.

A unit of measurement for lumber. One boardfoot equals 144 cubic inches or 12″ X 12″ X 1″.

A house where one can rent a room and receive board (meals), the cost of which is included in the rent. Not common today.

A name given to a hotel or motel adjacent to a marina and catering to boat travelers.

The form language (generally printed) which is contained in deeds, deeds of trust, CC&R’s, and other documents and contracts. The specifics for each instance are then filled in.

Using form language for a contract, CC&R’s (restrictions), etc.

A tree trunk.